Items tagged with (NASDAQ:TSLA)

We like things that are awesome. You probably like things that are awesome, too (we're not going out on much of a limb with that assumption). So, do you want to know something that's awesome that we stumbled upon? Sure you do, which is why we're sharing a video of Tesla's Autopilot technology in action, though not as you've seen it before. The video doesn't just show an autonomous vehicle weaving driving through a city, it uses highlighted color coding so that we can see what the sensors see. Tesla has put a ton of work into its Autopilot technology. Vehicles equipped with Autopilot have eight...Read more...

Elon Musk isn’t just content with shaking up the car market (Tesla) or the space industry (SpaceX). With the shareholder-approved acquisition of SolarCity, Musk is also looking to revolutionize solar energy in the United States. Late last month, Musk unveiled textured quartz glass tiles that will be used in place of asphalt shingles that cover typical homes across America. But the added benefit of Tesla’s solar roof is that while they provide nearly the same energy benefits of typical solar panel installations on homes, they also happen to look like contemporary roofs with Textured Glass, Slate...Read more...

Tesla is growing faster than probably most people anticipated. The company is certainly outperforming Wall Street's expectations coming off its first profitable quarter since 2013 in which it recorded net income of $22 million, or 14 cents a share, for the three-month period ended September 30, 2016. To keep the momentum going and to hit its ambitious target of producing 500,000 cars per year by 2018, Tesla today announced plans to acquire Grohmann Engineering, a major player in automation manufacturing systems. "Accelerating a sustainable energy future is only possible with high-volume factories....Read more...

If you’re the current owner of a Tesla Model S or Model X electric vehicle (EV), consider yourself lucky. If you manage to take delivery before the end of the year, you will have also dodged a bullet — you still have free lifetime access to Tesla’s Supercharger Network. But in a rather disappointing turn of events for future Tesla owners, the global Supercharger Network will no longer be completely free to use for new EV purchases made after January 1st, 2017. Tesla is hoping to make this bitter pill a little easier to swallow by giving new buyers 400 kWh of free Supercharging credits annually....Read more...

Tesla revolutionized the electric car industry with the breakthrough Model S, and advanced the game with the Model X. Now, thanks to its impending purchase of SolarCity, CEO Elon Musk is looking to revolutionize the residential solar panel market. The use of solar panels in residential applications is nothing new, but the large installations are can be eyesores and don’t often blend in with the design aesthetic of the home. Tesla, however, has unveiled its new textured quartz glass tiles which replace the traditional asphalt shingles used in homes. The hydrographically-printed tiles appear completely...Read more...

Tesla Motors is sitting on cloud nine this morning after posting third quarter earnings that beat out Wall Street estimates and sent its stock price up. Specifically, Tesla reported net income of $22 million, or 14 cents per share, for the third quarter ended September 30, 2016, marking the first time the company has posted a profit since the first quarter of 2013. Just a year ago, Tesla posted a loss of nearly $230 million, or $1.78 per share. However, the car maker was able to more than double revenue from then to now, collecting $2.3 billion in the Q3 along with a positive free cash flow of...Read more...

Tesla has announced updates to its autonomous driving capabilities, with the company stating that all of its new vehicles produced from this point forward have the necessary hardware for “full self-driving capability at a safety level substantially greater than that of a human driver.” This puts the scope of this system even beyond current implementations of Autopilot and is fully complaint with Level 5 autonomy. The new hardware included to help drive these capabilities includes new forward-facing radar (which can see through rain and fog) and 8 cameras that provide a full 360-degree view of the...Read more...

Tesla is running into more roadblocks with its Autopilot functionality, which is found on its Model S and Model X EVs. The use of Autopilot, which allows a vehicle to operate semi-autonomously with minimal driver interaction, has come under increasing scrutiny ever since a driver was killed on a Florida highway over the summer. Now the German government is stepping in by asking Tesla to stop using the term Autopilot. German Transport Minister Alexander Dobrindt sent the request in a letter to the American automaker on Friday. In the letter, the Federal Motor Transport Authority (KBA) stated, "In...Read more...

The share price for Tesla Motors is up nearly 3 percent today after company founder and Chief Executive Officer Elon Musk announced a mysterious product unveiling scheduled for next week. Musk didn't say what exactly Tesla has in store, only that whatever it is, it will be "unexpected by most." He also said it will be separate from a Tesla/Solar City product unveiling scheduled for October 28th. Musk's social media post leaves the field wide open for practically anything. He previously indicated that the October 28th event will feature a solar roof product developed by Tesla and SolarCity, plus...Read more...

Researchers from Keen Security Lab in China discovered and demonstrated a vulnerability in Tesla's Model S vehicles that could allow a remote hacker to fiddle with various controls, everything from opening the moon roof and adjusting the power seats to even applying the brakes. The security outfit shared its findings with Tesla, which issued an over-the-air update to plug the security hole. The researchers said they spent several months looking for vulnerabilities in Tesla's connected vehicles and were able to find several security holes. What's particularly alarming about the flaws they found...Read more...

As anyone who's ever been in a committed relationship that eventually ended can attest, breakups aren't always smooth or amicable. The same goes in the business world. Proof of that is playing out right before our very eyes as Tesla Motors and Mobileye engage the media in a game of he-said-she-said over why the two parted ways. According to Tesla, it has nothing to do with safety concerns related to the automaker's Autopilot technology, as Mobileye indicated to the press a day earlier.From Tesla's perspective, Mobileye is acting like a scorned ex-lover and ticked at the automaker's decision to...Read more...

Mobileye parted ways with Tesla not long after the first death was reported of a driver using Tesla’s Autopilot system. At the time, Mobileye didn’t exactly explain its reasoning (although it was pretty obvious) and Tesla CEO Elon Musk stated that Mobileye simply couldn’t keep up with this company’s rapid advancements in technology for its vehicles and that “our parting ways was inevitable.” This week, Mobileye chief technology officer Amnon Shashua has shed additional light on why it decided to leave Tesla at the altar. Shashua accused Tesla of “pushing the envelope in terms of safety” and that...Read more...

The electric vehicle (EV) wars about to really heat up. General Motors has thrown down the gauntlet with the Chevrolet Bolt, announcing early this morning that the vehicle will have an EPA combined driving range of 238 miles per charge. That’s well in excess of the 200+ mile range that GM has been promising all along, and compares favorably to the projected 215+ mile range of the upcoming Tesla Model 3. 238 miles of range puts the Bolt well ahead of contemporaries like the Nissan Leaf, Ford Focus Electric and the Chevrolet Spark EV — all of which have driving ranges of less than 100 miles per charge....Read more...

Tesla is in the process of upgrading its Autopilot system to better 'see' the world surrounding world and discern from potentially dangerous objects that need to be avoided and those that don't require braking. Several of the changes that will ultimately lead to a smarter Autopilot system have been introduced in version 8 of its software. Version 8 contains dozens of small refinements, though the most significant upgrade is that of more advanced signal processing that taps the onboard radar to create a picture of the outside world. This represents a major change in strategy for Tesla and its Autopilot...Read more...